Wireless Access Infrastructure Market: By Component (Hardware, Software, Services), By Services (Installation, Support & Maintenance), By Enterprise Size (SMEs, Large Enterprises), By Vertical (Commercial, Government & Defense), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
Wireless infrastructure is the incorporation of software, technology, security measures, support, and devices for the delivery and management of different wireless communications. Globally, people rely on wireless infrastructure to stay connected. The wireless infrastructure builds a strong and wide-ranging wireless network that connects individuals worldwide and also within and between enterprises through nodes, DAS systems, small cell technology, LAN, and WAN. A Distributed Antenna System (DAS) is a group of spatially dispersed antenna nodes linked to a central source by a transport medium. Within a certain region, it provides wireless service. Information was accessible thanks to technological improvements. With apparently daily introductions of ground-breaking new technology and systems, it is clear that the wireless infrastructure itself is of utmost significance.
Wireless Access Infrastructure to surpass USD 363.5 billion by 2032 from USD 141.4 billion in 2021 at a CAGR of 9% in the coming years, i.e., 2022-32. The demand for high-speed internet access has increased in many industries due to the increasing use of smartphones and other digital devices for effective communication. The need for wireless access infrastructure is anticipated to increase globally as IoT and sensors are increasingly used for M2M communication and industrial automation.
Wireless Access Infrastructure Market is categorized on the basis of Component into Hardware, Software, and Services. Over the forecast period, the hardware segment is expected to rule the market. Small cells, macro-cells, cloud RAN, DAS, RAN, carrier Wi-Fi, front-haul, mobile core, satellite connections, and back-haul are a few examples of hardware infrastructure. The range of equipment technology has been growing recently, especially in small cell equipment, as a result of the increased connectivity available throughout nations like the U.S. and the U.K. An array of antennas, along with related hardware and software, make up the hardware infrastructure.
Wireless Access Infrastructure Market is categorized on the basis of Vertical into Commercial and Government & Defense. The commercial vertical accounted for the higher market share in 2021 and is anticipated to develop faster than other sectors over the projected period. The growth is linked to the increased use of cutting-edge technology by numerous businesses, including IoT, ML, AI, sensors, etc. These technologies give firms M2M communications, which lowers equipment downtime and boosts efficiency.
Growing adoption of intelligent sensors and communication devices coupled with analytics technologies will help businesses generate vast amounts of data for analysis and product improvement. Moreover, by addressing unmet customer demands, this will support market trends. Also, there will be a huge increase in demand for industrial robots in the next years due to the need to improve power quality, dependability, and efficiency. In addition to this, factory robots are expected to transfer information for message-to-message exchanges in the approaching decade, propelling the Wireless Access Infrastructure Market in that direction.
The Wireless Access Infrastructure Market is anticipated to grow since employees can share vital information whenever they need it and get internet connectivity from wherever in the office without needing wired cables. In addition, as 5G technology advances, it is anticipated to bring about a number of profitable opportunities for the wireless infrastructure by enabling consumers to connect to high-speed internet, low latency, and expansive networks.
While the issue of spectrum scarcity may pose a challenge to the growth of the Wireless Access Infrastructure Market in the forecast period, the high cost of research and development expenditures for wireless access infrastructure will also impede the industry growth. Also, the rise in data privacy and network breach concerns are a few other factors that could act as the major limitations for the growth of the Wireless Access Infrastructure Market in the aforementioned forecasted period.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Wireless Access Infrastructure Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Throughout the forecast period, North America is anticipated to maintain its leadership in the global wireless access infrastructure market. The expansion of the Wireless Access Infrastructure Market in this area is primarily being driven by the rising number of network-connected devices in North American nations. The increased presence of industry titans in North American nations like AT&T Inc., Cisco Systems, Inc., and International Business Machines Corporation has also given the region a strong position in the world market for wireless access infrastructure.
During the projected period, it is anticipated that the Asia Pacific Wireless Access Infrastructure Market will grow rapidly. The widespread use of M2M devices in Asia Pacific is crucial to the growth of the market in the region.
The coronavirus epidemic caused hitherto unheard-of barriers for many company activities as a result of the economic downturn and other connected difficulties. In the immediate and medium term, 5G may see setbacks as a result of supply chain disruptions and delays in 5G hardware. The modest slowdown in 5G deployment during the pandemic is expected to hinder the growth of the global Wireless Access Infrastructure Market in the near future.
REPORT ATTRIBUTE |
DETAILS |
Market Size Value in 2021 |
USD 141.4 billion |
Revenue Forecast in 2032 |
USD 363.5 billion |
Growth Rate |
CAGR of 9% from 2022 to 2032 |
Base Year for Estimation |
2021 |
Quantitative Units |
Revenue in USD billion and CAGR from 2022 to 2032 |
Report Coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered |
Component, Services, Enterprise Size, Vertical, and Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Key Companies Profiled
|
International Business Machines Corporation, Wipro Limited, AT&T Inc., Huawei Technologies Co. Ltd, Oracle Corporation, Verizon Wireless, Fujitsu Ltd, Intel Corporation, Ericsson, Nokia Networks, STMicroelectronics, Qualcomm Incorporated, NXP Semiconductors N.V., Cisco Systems Inc., Alcatel-Lucent S.A., and Other Prominent Players. |
The Wireless Access Infrastructure Market size was estimated at USD 141.4 billion in 2021 and is expected to reach USD 363.5 billion in 2032.
Wireless infrastructure is the incorporation of software, technology, security measures, support, and devices for the delivery and management of different wireless communications. Globally, people rely on wireless infrastructure to stay connected.
The Hardware and Commercial segments accounted for the larger share of the Wireless Access Infrastructure Market
Key players in the Wireless Access Infrastructure Market are International Business Machines Corporation, Wipro Limited, AT&T Inc., Huawei Technologies Co. Ltd, Oracle Corporation, Verizon Wireless, Fujitsu Ltd, Intel Corporation, Ericsson, Nokia Networks, STMicroelectronics, Qualcomm Incorporated, NXP Semiconductors N.V., Cisco Systems Inc., Alcatel-Lucent S.A., and Other Prominent Players.
The need for wireless access infrastructure is increasing globally as IoT and sensors are increasingly used for M2M communication and industrial automation. This is majorly driving the Wireless Access Infrastructure Market over the forecast period.
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